The fork should be decent, and no one will say goodbye

November bitcoin cash bifurcation storm yet fully subsided, hard and usher in a small coin of bifurcation in December.

Small coin Zcoin (XZC) officially announced that with the release of version 0.13.7.1, Zcoin began to switch to MTP POW algorithm. Hard time bifurcation set to 12 June 10 12:00 UTC. After this time, still use the old dug Lyra2z algorithm block will be rejected.

Small coin Science

A small coin (XZC) is a coin (zerocoin protocol) protocol through an encryption to protect the privacy of money accounts. It is the first to achieve the encryption protocol by currency, by using zero knowledge proof to ensure that the parties to the transaction related information from being leaked. Coin (Zcoin) is the development of R & D team headed by Poramin and Aizensou (zerocoin, protocol) by coin protocol to protect the privacy of accounts, use zero knowledge proof to ensure that the parties to the transaction related information from being leaked. Bitcoin parameters and it’s like a time of 10 minutes, the total money supply 21 million, output half cycle with bitcoin, approximately every 4 years by half.

Last month ‘bitcoin cash into money ring although bifurcation spring, but also became the fuse of the bitcoin to $three thousand. From the past, although smaller coin than BCH so famous, this is not a new bifurcation hard currency, but when I heard the news, or a heart attack in a small. After all the recent currency prices plummeted, people are tired of any wind sways grass.

But through our observation of these days, found the small hard currency after bifurcation some interesting phenomena.

 The fork should decent, who all don't say goodbye

The Tokenview data can be seen in the information block, the block size and a small coin block are time-consuming a big increase in hard after the bifurcation. That is a single block of transactions increased, the expansion of the block.

But in the whole network state by the small, the whole network daily average force appears in the hard after bifurcation sharply, it is difficulty also fell sharply, which means the miners’ income increasing.

 The fork should decent, who all don't say goodbye

A small coin mining yield curve (data from -Tokenview)

At the same time, we also examined the distribution of wealth by the small. Before the discovery of the ten address holding ratio of 14.71%, the top two hundred accounted for 27.33%. There are more than 70% small coin are scattered in two hundred accounts, relatively speaking, the distribution of small coin is still relatively healthy.

 The fork should decent, who all don't say goodbye

Small coin list pie chart (source -Tokenview)

Now it seems that the smaller coin the hard fork, although the whole network is decreased, the short-term network security has a certain risk, but the overall ecology has not been a serious blow to the miners because of stress drop, but rise mining revenue. Perhaps this is the true meaning of bifurcation to nurture ecosystem, through technological upgrading, so as to promote the further development of the project.

 The fork should decent, who all don't say goodbye

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